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A payday loan is a quite simple and easy idea. We offer payday loans for all credit score sorts.
But a common strategy is to earn outsized returns by using extremely excessive leverage; and the leveraged lending, most of the time, comes from banks.
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The consultant APR is 34.5%. Should you borrow £500 for one month by way of the credit score union's Payroll Perk loan and pay it off in one go at the finish, the interest will price £thirteen.

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